With specialization
A) opportunity costs tend to be constant.
B) there are greater gains in material well being.
C) there is more emphasis on self-reliance.
D) society is more productive while individuals are less productive.
B
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Perfectly competitive markets do not exist in the real world
Indicate whether the statement is true or false
Vulcan Materials stock price soared in the days following the election of President Trump. Vulcan's products, such as asphalt and concrete, are used in construction and President Trump had pledged to bring about increased spending on infrastructure
projects that would require such products. Spending on infrastructure projects is an example of ________ aimed at increasing real GDP and employment. A) discretionary fiscal policy B) an automatic stabilizer C) contractionary fiscal policy D) a transfer payment